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Chevron's Pasadena, Texas Refinery Reports Small Spill
June 12 (Reuters) - CHEVRON CORP CVX.N:PASADENA, TEXAS PLANT REPORTS DISCOVERY OF APPROXIMATELY FIVE GALLONS OF OIL WITH A SHEEN TO THE SHIP CHANNELSAYS OIL SPILL REMOVAL ORGANIZATION (OSRO) IS AT THE SITEREFINERY CAPACITY: 112,229 BARRELS PER DAY SOURCE: COMMUNITY ALERTReuters
Thu, Jun 12
Trump frustrated about the recent rise in oil prices
WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump expressed frustration on Thursday that oil prices have risen amid supply concerns from potential conflict in the Middle East. Both global and U.S. oil prices surged more than 4% on Wednesday to their highest levels since early April before ...Reuters
Thu, Jun 12
RPT-ANALYSIS-Trump's tax-cut bill could hold back US critical minerals projects
Republican fight against green energy tax credit hits miners tooTax credit for critical minerals was part of Biden climate billChina halted exports of some minerals, created gluts of othersOwner of the only American cobalt mine went bankrupt this yearBy Ernest Scheyder WASHINGTON, June 12 (Reuter...Reuters
Thu, Jun 12
Britain ready to implement US tariff deal, trade minister says
LONDON, June 12 (Reuters) - Britain is ready to implement its side of a tariff deal with the United States and is hopeful for a proclamation from U.S. President Donald Trump to put the agreement into effect in the coming days, trade minister Jonathan Reynolds said on Thursday.British Prime Minister ...Reuters
Thu, Jun 12
ANALYSIS-Trump's tax-cut bill could hold back US critical minerals projects
Republican fight against green energy tax credit hits miners tooTax credit for critical minerals was part of Biden climate billChina halted exports of some minerals, created gluts of othersOwner of the only American cobalt mine went bankrupt this yearBy Ernest Scheyder WASHINGTON, June 12 (Reuter...Reuters
Thu, Jun 12
METALS-Copper edges up on dollar weakness, but clouds loom over demand outlook
By Ashitha Shivaprasad June 12 (Reuters) - Copper prices nudged higher on Thursday, aided by a weaker dollar, but persistent concerns over demand and unresolved trade tensions continued to cloud the market’s outlook.Three-month copper CMCU3 on the London Metal Exchange was up 0.6% at $9,703 a met...Reuters
Thu, Jun 12
Egypt agrees to buy up to 160 LNG cargoes through 2026, sources say
Purchases cost over $8 billion, straining government financesAgreements inked with companies including Aramco, Shell, Vitol Egypt's domestic gas output has plummeted By Marwa Rashad LONDON, June 12 (Reuters) - Egypt has reached agreements with several energy firms and trading houses to bu...Reuters
Thu, Jun 12
REFILE-Trump says unhappy about recent rise in oil prices
WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump expressed frustration on Thursday that oil prices have risen amid supply concerns from potential conflict in the Middle East. Both global and U.S. oil prices surged more than 4% on Wednesday to their highest levels since early April before ...Reuters
Thu, Jun 12
Decision on oil refiner Italiana Petroli's sale expected around end-June, sources say
By Francesca Landini and Valentina Za MILAN, June 12 (Reuters) - Italiana Petroli, which is currently in talks with three suitors interested in buying the oil refiner, is expected to take a decision on the potential 3 billion euro ($3.5 billion) deal around the end of this month, two sources with...Reuters
Thu, Jun 12
US natgas prices gain 3% on rising flows to Cameron LNG plant
Storage injections hit triple-digits for record-tying seventh weekStorage additions in May hit monthly record highSabine LNG export plant seen back at full service in late JuneBy Scott DiSavino June 12 (Reuters) - U.S. natural gas futures climbed about 3% on Thursday on expectations gas flows to ...Reuters
Thu, Jun 12
Mali hearing on Barrick's Loulo-Gounkoto gold complex adjourned to June 16
BAMAKO, June 12 (Reuters) - A Malian court adjourned until June 16 a hearing on whether to put Barrick Mining's ABX.TO gold mining complex, suspended since January due to a dispute over taxes and ownership, under provisional administration, a presiding judge said on Thursday. The Malian gove...Reuters
Thu, Jun 12
ARA gasoline stocks rise 2%, Insights Global data shows
LONDON, June 12 (Reuters) - Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks rose 2.3% to around 1.04 million metric tons, despite there being strong d...Reuters
Thu, Jun 12
Mali hearing on Barrick's Loulo-Gounkoto complex adjourned to June 16
BAMAKO, June 12 (Reuters) - A Malian court adjourned until June 16 a hearing on whether to put Barrick Mining's ABX.TO Loulo-Gounkoto gold mining complex under provisional administration, a presiding judge said on Thursday.Reuters
Thu, Jun 12
IAEA resolution complicates nuclear talks with U.S., Iran says
DUBAI, June 12 (Reuters) - The U.N. nuclear watchdog's declaration that Iran is in breach of its non-proliferation obligations will further complicate nuclear talks with the U.S. next slated for Sunday in Oman, Iran's Foreign Minister Abbas Araqchi said, according to state mediaReuters
Thu, Jun 12
US CPC sees 82% chance of ENSO neutral conditions through June-August
June 12 (Reuters) - El Nino-Southern Oscillation (ENSO) neutral conditions are likely in the Northern Hemisphere summer of 2025, with a 82% chance in June-August, the United States' Climate Prediction Center said on Thursday.ENSO neutral conditions may continue into winter 2025-26, though confid...Reuters
Thu, Jun 12
Iran will rebuild nuclear facilities if they are destroyed, President says
DUBAI, June 12 (Reuters) - Iran will rebuild its nuclear facilities if they are destroyed, the country's President Masoud Pezeshkian said on Thursday, according to state media. "It is not the case that if they destroy our facilities with bombs, everything will be lost — these capabilities ex...Reuters
Thu, Jun 12
Most G7 members ready to lower Russian oil price cap without US
By Julia Payne and John Irish BRUSSELS/PARIS, June 12 (Reuters) - Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald Trump decides to opt out, four sources familiar with the matter said. G7 country leade...Reuters
Thu, Jun 12
CBOT Trends-Wheat up 1-2 cents, corn up 2-4 cents, soy up 3-5 cents
CHICAGO, June 12 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday: WHEAT - Up 1 to 2 cents per bushelCBOT wheat firmed as the U.S. dollar fell against a group of other currenc...Reuters
Thu, Jun 12
German utility RWE and tech giant Amazon announce partnership
PARIS, June 12 (Reuters) - German utility RWE RWEG.DE and tech giant Amazon AMZN.O announced a strategic framework agreement on Thursday, where the utility will provide clean power delivery and in exchange receive cloud services.The cloud services cover artificial intelligence and data analytics in ...Reuters
Thu, Jun 12
